Active
10 beds2,930 sqft$427/sqft
50 Stevens St, Springfield, MA 01104
Est: $7,116/moGet pre-approved
Multi FamilyProperty Type
0.27 acresLot Size
1927Year Built
$427/sq ftPrice per sq ft
10 carsParking Spaces

Description

Investment opportunity in Springfield! This 10-unit multifamily property offers investors the opportunity to acquire a substantial income-producing asset with additional upside potential. Currently generating strong rental income with opportunities to further improve performance and maximize revenue over time. With 10 units under one roof, this property offers scale and income diversification for an investor looking to expand an existing portfolio or add a larger multifamily asset. Schedule a private...Investment opportunity in Springfield! This 10-unit multifamily property offers investors the opportunity to acquire a substantial income-producing asset with additional upside potential. Currently generating strong rental income with opportunities to further improve performance and maximize revenue over time. With 10 units under one roof, this property offers scale and income diversification for an investor looking to expand an existing portfolio or add a larger multifamily asset. Schedule a private showing to tour the property and explore its investment potential.
Days on Market Listed Today
  • Listed by: Raquel Medina • Lock and Key Realty Inc.
Last updated: 08/26/2026 10:55 PM • Source: MLS PIN, MLS#: 73568827

Open Houses

Wednesday, Sep 2nd6:00 PM - 7:00 PM
Saturday, Sep 5th12:00 PM - 1:00 PM

Location

Listing Courtesy of Lock and Key Realty Inc., Raquel Medina
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Payment Calculator

$7,116 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,354

Property Taxes

$762

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 50 Stevens Street

Property Details
  • Taxes: $9,146 / year
  • MLS Type: Multi-family / 5+ Family - 5+ Units Side by Side
  • Town: Springfield
  • Area: MA-Springfield
  • Garage Spaces: 0
  • Open Parking Spaces: 10.00
  • Parking Spaces Total: 10
Building Information
  • Stories: 2
  • Residences: 10
  • Year Built: 1927
  • Lot Size: 0.27 AC / 11,744 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School
  • Living Area: 2930.0
  • SqFt with Basement: No
  • Total Units: 10
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 10.0
  • Num of Full Baths: 10
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 10.00
  • Bathrooms Total Integer: 10
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Brick
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Common
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Mechanicals are in unit 1. Rents include all utilities. Proof of funds needed for Private tours. Buyers agent to be present at all showings and appointments.
Tax Information
  • Listing Terms: Contract
  • Tax ID: S:11155 P:0011,2607049
  • Assessments: $583,300
  • Book: 25725
  • Tax Year: 2025
  • Zoning: B1
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 2
Other Building Characteristics
  • Foundation: Slab
  • Foundation Area: 0.0
  • Levels: 2
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Zones: 1
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $137,052.00
  • GRE: $39,977
  • NOI: $28,800.00
  • Operating Expense: $39,977.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $12,150.00

Property History for 50 Stevens Street

DateEvent & SourcePriceAppreciation
Aug 26, 2026

Listed (Active)

MLS PIN #73568827

$1,250,000
Mar 1, 2024

Expired

MLS PIN #73192222

$840,000
Jan 4, 2024

Listed (Active)

MLS PIN #73192222

$840,000
DateEvent & SourcePrice
08/26/2026

Listed (Active)

MLS PIN #73568827

$1,250,000
03/01/2024

Expired

MLS PIN #73192222

$840,000
01/04/2024

Listed (Active)

MLS PIN #73192222

$840,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 50 Stevens Street

Taxable ValueLand$46,300Additions$537,000Total$583,300
Tax Record2025$9,146 ($762 / month)
Home Facts
Total Finished SqFt2,992 SqFtAbove Grade Finished SqFt2,992 SqFtStories1Lot Size11,744 SqFtStyleMulti-Family Res (5+ Units)Year Built1927ZoningB1CountyHAMPDENAPNSPRI S:11155 P:0011

Schools near 50 Stevens Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mary O Pottenger Elementary School
PublicPK to 5

Van Sickle Academy
Public6 to 8

Putnam Vocational Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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50 Stevens Street is a multi-family home for sale in Springfield, MA 01104. This listing's school district is Springfield School District. Nearby schools include Mary O Pottenger Elementary School, Van Sickle Academy and Putnam Vocational Technical High School. 50 Stevens Street is a 10-bed, 10-bath, 2,930 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lock and Key Realty Inc., Raquel Medina

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.